Danantara Committed to Implement Transparent, Integrity Governance, Investment Minister Says

Minister of Investment/Head of the Investment Coordinating Board (BKPM) Rosan Roeslani gives a press statement at the Presidential Palace, Jakarta, after the launching of Danantara, Monday (02/24). (Photo by: BPMI of Presidential Secretariat)

Danantara, Indonesia-owned Sovereign Wealth Fund, was officially launched with the main mission of performing as strategic investment instrument to optimize the assets of State-Owned Enterprises (BUMN) and to accelerate national conomic growth. In his press statement, Minister of Investment/Head of the Investment Coordinating Board (BKPM) Rosan Roeslani affirmed that the establishment of the institution is a breaktrough that will make a significant impact for Indonesia’s economy.

“I would like to express my highest appreciation to President Prabowo Subianto and Vice President Gibran Rakabuming who trust the three of us to become leaders of Danantara. Certainly, it is a very noble task since it has a very noble purpose, and we are committed to make this purpose and noble effort successful,” Rosan Roeslani said to the media at the Presidential Palace, Jakarta, after the launching of Danantara, Monday (02/24).

Rosan Roeslani, accompanied by Dony Oskaria as Chief Operating Officer and Pandu Sjahrir as Chief Investment Officer, emphasized that Danantara will will play a role in optimizing BUMN’s assets and investing in various sectors that give positive and sustainable impacts.

President Prabowo also has given directives on governance principles that must be implemented by Danantara. “The President has said that it must implement good governance, vigilance, transparency, and integrity. It is the guideline set out by President Prabowo for us to manage BUMN’s assets and our investments in the future,” he explained.

According to Rosan, the main value of Danantara is not only set on assets management amounting to around US$900 billion, but also on the mission as a government instrument in increasing and accelerating inclusive and sustainable national economic growth.

He also emphasized that this initiative is aimed to give a big positive impact for Indonesian people. “We believe in this great and very noble purpose, and this is a breakthrough, an initiative of the President in order to improve investment, and most importantly is how to raise and create quality job opportunities,” he added.

As an effort to maintain transparency and accountability, Danantara has formed an organizational structure consisting of Monitoring Board, Advisory Board, Oversight Committee, Audit Committee, Investment Committee, and Ethics Committee. Rosan also said that he is open to any suggestions from various elements, including the media, to improve Danantara’s governance and investment.

He expressed hope that with a strong synergy, Indonesia can accelerate the economic growth up to eight percent, in parallel with the Government’s target, and to be a country with high income in the future. “We believe with good intention and cooperation, insya Allah, the establishment of Danantara will give a great impact to all Indonesian people,” Rosan Roeslani affirmed. (BPMI of Presidential Secretariat/DNS) (AW/MMB)